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NRG Energy, Inc., a power company, engages in the production, sale and delivery of energy and energy services in various power markets in the United States. The company owns and operates approximately 52,000 Megawatts (MWs) of generation; engages in the trading of wholesale energy, capacity and related products around those generation assets; transacts in and trades fuel and transportation services; and directly sells energy, services, and products and services to retail customers under the name ‘NRG’ and various other retail brand names owned by the company.
Businesses
The company’s businesses include NRG Business, NRG Home and NRG Renew.
NRG Business
NRG Business consists of the company’s wholesale operations including plant operations, commercial operations, EPC (engineering, procurement and construction), energy services and other critical related functions. In addition to the traditional functions from the company’s wholesale power generation business, NRG Business also includes the company’s B2B (business-to-business) solutions, which include demand response, commodity sales, energy efficiency and energy management services, and the conventional distributed generation business, consisting of reliability, combined heat and power, thermal and district heating and cooling and large-scale distributed generation.
NRG Business includes a diversified power generation portfolio in the U.S., with approximately 47,636 MW of fossil fuel and nuclear generation capacity at 93 plants, as of December 31, 2014. NRG Business has generation assets located in or near Houston, New York City, Chicago, Washington D.C., New Jersey, southwestern Connecticut, Pittsburgh, Cleveland, and the Los Angeles, San Diego, and San Francisco metropolitan areas. NRG Business has approximately 5,626 MWs targeted for Repowering and conversion initiatives, with 905 MWs already under development or construction.
NRG Business’s B2B solutions focus on providing distributed products and services (energy solutions). These solutions include system power, distributed generation, solar and wind products, carbon management and specialty services, backup generation, storage and distributed solar, demand response and energy efficiency. NRG Business also provides energy services, including operations, maintenance, technical, development and asset management services to its own facilities and to external customers.
NRG Home
NRG Home is a consumer facing business that includes the company’s mass market retail business, the residential solar business, and a smaller home warranty and service business, combined into NRG Home in order to offer a diverse suite of personal energy solutions for use in and outside the home.
NRG Home Retail — Under NRG Home, the NRG Home Retail business provides home energy and related services, as well as personal power to consumers through various brands and channels across the U.S. In 2014, NRG Home Retail delivered approximately 41 TWhs (Terawatt Hour) and had approximately 2.8 million recurring customers, including 540,000 customers from the acquisition of Dominion Resources, Inc. plus approximately 299,000 discrete customers of products and services. NRG Home Retail sells in the competitive retail energy markets of Connecticut, Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Ohio and Texas, as well as the District of Columbia.
Customers purchase products through various sales channels including direct sales, call centers, Websites, brokers and brick-and-mortar stores. In 2014, NRG Home acquired Goal Zero LLC (Goal Zero), a provider of portable solar power and battery pack products and accessories, through which NRG Home Retail strengthened its cross-selling opportunities between mass market system power, residential solar and personal power via partnerships, sales channels and customer bases.
NRG Home Solar — NRG Home Solar offers a complement of customer acquisition, installation and contract management services for residential solar customers. In 2014, the company acquired a residential solar company, Roof Diagnostics Solar, doing business as NRG Home Solar, to support a

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